• US Anti-Gambling Law Hits Canadian Tech Companies

    04 October 2006

    Newspaper

    MEDIACASTER

    Internet service providers (ISPs) and financial institutions in the U.S. may be liable for severe fines, criminal penalties and imprisonment under a new anti-online gambling law.

    Some Canadian gaming software and infrastructure companies may have to fold as a result, but for now, they are playing their cards close to the chest.

    The Unlawful Internet Gambling Enforcement Act of 2006 was passed just minutes before the mid-term election period recess. According to some reports, no one on the Senate-House Committee has even seen the final language of the bill….

    In Canada, one company potentially affected is Montreal-based Dynasty Gaming, but it said impact on the company resulting from passage of anti-gaming legislation by the U.S. Senate will be minimal…..

    READ THE COMPETE ARTICLE AT MEDIACASTER